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Hagerty Proves Hellcat Values Go Up? Q1 Report Massive Layoffs and Price Hikes #SaveDodge
Hagerty Declares War on every Dodge Challenger SRT Hellcat! Hagerty tries to make a weak attempt at showing statistics claiming values are plummeting, but fails to realize they not only prove the opposite with their own stats, they’re using partial and incomplete Hellcat production numbers, out of date data for car loan interest rates, as well as mileage.
I point to three major issues with their valuation report. They even have the audacity to challenge Bring-A-Trailer that has far superior analytics when it comes to car sales numbers. Hagerty still relies on CCC, the notorious car valuation service that has a very shady reputation.
I go over Hagerty’s Q1 2024 earnings report, their recent investment as well as the controversy surrounding the stages Dodge Demon 170 Drag Test. With the help of the Radford Driving School they seemingly deliberately set the Demon 170 to fail, running it on poor fuel, overheating it, and even possibly running the car on only 500 of the 1025HP the Hemi is capable of.
Subscribe because there is a plan to #SaveDodge
It’s a long shot but, it can be glorious.
0:00 Hagerty Hates Hemis
0:52 Depreciation Has Come for the Dodge Challenger SRT Hellcat
2:33 Hellcat Depreciation Graph, Interest Rates And Problems
3:21 Problem 1 - Hagerty Valuation Vs Bring-A-Trailer
4:37 Problem 2 – No Widebody, No New Hellcats and Mileage
5:20 Problem 3 – Sale Price vs Buyers’ Price Debunking Depreciation
6:14 Why Car Insurance Companies Use CCC
7:21 Hagerty Raises 105M from Strategic Investors
8:10 Hagert Family Ruins Company With Customer Index
9:20 Hagerty Q1 2024 – Price Increases!
10:45 Hagerty Layoffs
11:40 Blackrock Sells Positions in Hagerty
12:15 Hagerty Fakes Demon 170 Drag Test
13:02 Radford Driving School Complicit in Fake Drag Test
13:53 We’re Not Stupid – What Can We Do?
14:50 The Secret Plan to #SaveDodge
15:22 Bloopers
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